Copa Holdings, S.A. announced that after a long and distinguished career spanning over 30 years in the Company, Jose Montero, Chief Financial Officer, has decided to retire at the end of 2024. Throughout his career, Mr. Montero has made numerous valuable contributions to the growth and success of the Company. The Company is currently engaged in a search for his replacement.

Mr. Montero is expected to remain in his current role until his successor is named and to remain with the Company in an advisory role for an interim period thereafter to assist with a smooth transition.